Page 2 - Fd Rates News Today

Latest HDFC Bank FD interest rates: HDFC Bank offers interest rates between 3.5% to 7.75% on tenures ranging from 7 days to 10 years. The Bank has hiked on tenure of 18 months to less than 21 months from 7% to 7.25%.

Those who want to earn marginally higher interest rates on their fixed deposits, at times, lock them in the name of their old parents since banks offer generally 50 basis points higher interest rate to senior citizens.

In 2024, bank fixed deposits might serve as an attractive investment option, particularly if you aim to capitalise on the elevated interest rates available. Nonetheless, exercise caution and avoid allocating your entire savings to these deposits.

Best FD rates for 3 years for senior citizens: 4 banks that offer up to 8.1% interest

India Business News: SBI increased FD interest rates on specific tenures, effective from December 27, 2023. Notable changes include a 50 basis points hike for deposits mat

India Business News: FD rates: Analysts predict that deposit rates in India will stay elevated due to strong credit growth, tight liquidity, and fierce competition for fun

Punjab National Bank has decided to hike its fixed deposit rates on amounts below ₹2 crore. Here is how it compares with other banks.

India Business News: MUMBAI: Bajaj Finance has hiked interest rates on its fixed deposits by 25 basis points by introducing a 42-month deposit with an interest rate of 8.

The government has hiked the interest rates of a few small savings schemes for the fourth quarter of fiscal year 2023-24, which will be effective from January 1, 2024 to March 31, 2024.

FD investors have rejoicing the current high interest rate which rose significantly in 2022 and 2023 however 2024 see a reversal of interest rate cycle and experts feel that there may be a repo rate cut by 0.5% or more. This means you have only a small window to book fixed deposits at current higher interest rates.